The global Crack Sealing and Crack Filling market was valued at US$ 861.7 million in 2019 and it is expected to reach US$ 1005 million by the end of 2026, growing at a CAGR of 4.0% during 2021-2026.
Sealing and/or filling cracks in existing pavement is the single the most effective procedure that can be performed to extend its lifecycle. By filling and sealing cracks water is prevented from penetrating beneath the asphalt surface where it causes the majority of distresses and failures by weakening the base and sub-base. Unsealed cracks also allow sand, dirt and other non-compressible substances to enter the cracks which interferes with the expansion and contraction of the pavement. This simple procedure is the most cost effective pavement maintenance technique and one that can greatly extend the life of asphalt pavement.
In the crack sealing and crack filling market, North America occupies the main market share, about 54%, and the Asia-Pacific region is the second largest market with a share of 26%.
The main manufacturers of crack sealing and crack filling are SealMaster, Crafco, Colas, GemSeal (CRH), GuardTop.The biggest manufacturer SealMaster took about 44% share.
Global Crack Sealing and Crack Filling Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Crack Sealing and Crack Filling Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are SealMaster, GemSeal (CRH), Crafco, Maxwell Products, Colas, GuardTop, Henry, Watco, Neyra, Dow, Toa Road Corporation, Sepna Adavanced Material, Go Green Industrial Shanghai, Tipco Asphalt, Henan Luda and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Cold-applied Thermoplastic Bituminous Materials
- Hot-applied Thermoplastic Bituminous Materials
- Chemically Cured Thermosetting Materials
Segment by Application
- Highway & Ordinary Road
- Parking Lot & Airport
- Square & Residential Streets
Table of Content:
1 Crack Sealing and Crack Filling Market Overview
2 Crack Sealing and Crack Filling Market Competition by Manufacturers
3 Crack Sealing and Crack Filling Retrospective Market Scenario by Region
4 Global Crack Sealing and Crack Filling Historic Market Analysis by Type
5 Global Crack Sealing and Crack Filling Historic Market Analysis by Application
6 Key Companies Profiled
7 Crack Sealing and Crack Filling Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Crack Sealing and Crack Filling Market Dynamics
10 Global Crack Sealing and Crack Filling Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta